By The End Of 2007, Most Stocks Were Already Trading Below Their 200 Day Moving Average!
The 200-day moving average is one of the most popular technical trend indicator among the investment community. It is simply a the average closing price over the last 200 days. In general, those stocks that continue to trade above their 200-day line are in a strong uptrend.
The Percentage Of Nyse Stocks Above Their 200 Day Simple Moving Average is a market breadth indicator that shows exactly how many stocks at Nyse are trading above their 200 day simple moving average. Therefore this amazing breadth indicator determines the underlying strength of the market.
Below you will find one example of one of the finest market breadth indicators published by WallStreetCourier.com!
Bullish: Stocks Above Moving Average above 50 (percent)
Bearish: Stocks Above Moving Average below 50 (percent)
Watch out for divergences between the market and advancing issues
Why The Crowd Has To Lose All The Time!
The markets are an ever and everything discounting mechanism and the product of the behavior of all their participants and, of course, not everybody can win. In order for every market to function, the majority of the participants have to lose. This majority is usually the uninformed and ignorant crowd, who rather relies on hot tips or even sheer luck like a gambler, instead of doing some homework and spending an extra buck for valuable and useful information.
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